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Trump's Loan Plan Sparks Concerns Over Oversight Risks

3/8/2025

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Trump's Loan Proposal

Trump's proposal to shift student loan management from the Department of Education to the Treasury or Small Business Administration has sparked worry among experts. They fear the SBA's lack of experience with student loans could jeopardize oversight and accessibility, threatening the future of higher education for countless borrowers.

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Trump's Loan Overhaul

President Trump is set to unveil an executive order that could reshape the Public Service Loan Forgiveness (PSLF) program, potentially cutting out specific nonprofit organizations from eligibility. This decision threatens to affect more than 1.3 million borrowers. Furthermore, his intention to dismantle the Education Department raises alarms about the future of federal student loans and educational support services.

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Trump's Loan Proposal

Trump's proposal to shift student loan management from the Department of Education to the Treasury or Small Business Administration has sparked worry among experts. They fear the SBA's lack of experience with student loans could jeopardize oversight and accessibility, threatening the future of higher education for countless borrowers.

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